Comprehensive economic growth recovery plan has been adopted
New document contains ways of state support for 9 economic sectors.
The Minister of National economy Ruslan Dalenov has presented Comprehensive economic growth recovery plan. It has 10 areas and 172 systematic regulations for business activities stimulation, employment support and income increase
Thus, processing factories, despite their size, will be provided with preferential financing of working capital under program of National Bank
“Long-term contracts will be accepted by national institutes for development as a “hard pledge”. Processing factories will be able to get preferential credit per “Business road map-2025” program. Credits for export will also be available” - Ruslan Dalenov said.
Industry development fund to be created, where processing factories will be given no more than 3% credit
To promote the products of Kazakhstani producers, it is planned to conclude offtake contracts in public procurement, procurement of the quasi-public sector and subsoil users.
The head Ministry of the national economy added that the government has increased the automatic VAT refund to 80% for mining and metallurgical enterprises.
“To support the construction industry, special standards will be developed for accelerated design and construction of hospitals and other facilities. "Along with this, the deadlines for fulfilling obligations for public procurement of construction and installation works will be automatically extended. At the same time, it is necessary to fulfill these obligations by the end of the current year. Reliable suppliers will be able to use an insurance policy as an alternative to a Bank guarantee in the construction of housing and infrastructure facilities, which will reduce the costs of companies," said Ruslan Dalenov.
“Nurly zher” program will be updated in part of fixed sales cost, and pilot project of «5-10-20» preferential loans to be launched.
More: Kapital.kz